Litecoin
LTC
$ 54.21
0.00070253 BTC
Marketcap
$ 4,188,120,505
Volume (24h)
$ 265,408,259
Circulating Supply
77,193,652 LTC
Total Supply
77,196,377 LTC

 

Litecoin (LTC) Price Chart

Explore the Litecoin (LTC) live price chart for in-depth insights into its market performance.

  • Zoom
  • Hour
  • Day
  • Week
  • Month
  • Year
  • All Time
  • Type
  • Line Chart
  • Candlestick

 

Litecoin (LTC) Price History

Delve into the Litecoin (LTC) price history to understand its long-term value trends.

* Currency in USD
Historical Price for Litecoin
DateOpenCloseHighLowVolume

 

Litecoin (LTC) to USD Converter

Use our Litecoin to USD converter to seamlessly convert Litecoin (LTC) for accurate financial planning.

LTC

 

What is Litecoin?

Litecoin is a peer-to-peer digital currency launched in 2011 to make sending money online fast and low cost. It runs on an open network similar to Bitcoin, but with a few technical changes aimed at quicker payments. Anyone with a wallet can hold, send, and receive LTC across borders.

How Does Litecoin Work?


Litecoin records transactions on a public ledger. Miners compete to add new blocks using proof of work, but Litecoin uses the Scrypt algorithm instead of Bitcoin’s SHA-256. Blocks confirm on average every 2.5 minutes, which helps transactions reach finality faster. Users pay small fees in LTC; miners earn newly created LTC plus those fees.

What Makes Litecoin Different?


Short block times aim for quicker everyday transfers. Scrypt was chosen to make mining more memory-intensive; while specialized miners now exist, the design originally broadened hardware options. Litecoin often adopts improvements early, such as SegWit, and works with Lightning Network tools for near-instant payments.

History and Development


Litecoin has been live since 2011 with steady, conservative upgrades. SegWit activation improved transaction efficiency and enabled second-layer solutions. In 2022, Litecoin added MimbleWimble Extension Blocks (MWEB), an optional feature that can make amounts confidential while keeping the main chain transparent. Development continues in the open through multiple client implementations and public proposals.

Token Supply and Economics


LTC has a fixed maximum supply of 84 million coins. New LTC enters circulation as block rewards, which are cut in half about every four years. This halving schedule slows new supply over time. Like many cryptocurrencies, LTC is divisible to eight decimal places. As block rewards decline, fees are expected to make up a larger share of miner income.

Use Cases of Litecoin


People use Litecoin for peer-to-peer payments, cross-border transfers, and as a simple way to move value between exchanges and wallets. Merchants and services that accept crypto may list LTC due to its speed, low fees, and long operating history. Developers and users can also experiment with Lightning-based tools for faster off-chain payments.

Advantages of Litecoin


- Fast average confirmations (about 2.5 minutes per block)
- Low fees suitable for everyday transfers
- Fixed 84 million supply with a transparent issuance schedule
- Mature network with broad wallet and exchange support
- Optional MWEB feature for confidential amounts on extension blocks

While Litecoin offers many opportunities for investment and transactions, there are many other cryptocurrencies available that could align more closely with your specific needs. Whether you’re looking to diversify your portfolio or just getting started, we encourage you to check out our guide on the best crypto to buy now.

Additionally, to enhance your cryptocurrency management experience, consider reading our guides on the best crypto wallet and the best crypto app.

Latest Litecoin News

DISCLAIMER
By using this website, you agree to the Terms and Conditions. crypto.ro has no affiliation or relationship with any coin, business, project, or event, unless otherwise specified. None of the information you’ve read on crypto.ro should be taken as investment advice. Buying and trading cryptocurrencies should be considered a high-risk activity.

Please do your own due diligence before making any investment decision. crypto.ro is not responsible, directly or indirectly, for any damage or loss incurred, alleged or otherwise, in connection with the use or reliance on any content you have read on the site.

© 2020 – 2026 crypto.ro®